European markets open to close, Bank of England and Swiss central bank interest rate decisions

The Bank of England raised interest rates by 50 basis points, the seventh in a row Bank of England They voted to raise interest rates By 50 basis points, less than the 75 basis points rise some analysts had expected. The bank said there have been other indications since August of “domestic inflation continuing to … Read more

Here’s everything the Fed is expected to do today

Construction workers outside the Marriner S. Eccles Federal Reserve Building, are pictured Wednesday, July 27, 2022 in Washington, DC. Kent Nishimura | Los Angeles Times | Getty Images There is not much uncertainty surrounding the Federal Reserve’s meeting on Wednesday, with markets widely expecting the central bank to agree to a third consecutive rate hike … Read more

How to save money with food inflation rising more than 11% a year

Going to the grocery store wouldn’t be cheaper. Rising food costs helped pay off Inflation rose again last monthdespite the decline gas prices. The food index alone is up 11.4% over the past year, according to another Consumer Price Index The numbers – the biggest jump in 12 months since May 1979. The Food at … Read more

European markets open their doors to close inflation data, earnings and US news

Author Nomi Prinz says the Fed will turn into a pivot in 3 phases The US Federal Reserve It could be forced off the path of sharp rate hikes in three phases, according to author Nomi Prins. Markets expect the central bank to raise 75 basis points in a row at its monetary policy meeting … Read more

European markets open to close, stocks, news, data and earnings

New British Prime Minister Liz Truss has announced a cap on energy bills to combat the cost of living crisis UK Prime Minister Liz Truss announce A stimulus package to help Britons with high energy bills. Truss said the average family would “pay no more than £2,500 (US$2,880) a year for each of the next … Read more